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20130106
20130114
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CNBC
Jan 7, 2013 6:00am EST
. saying, why are we talking about cal czar dates and not the new policy at the fed, which is substantial improvement in the labor market. >> but is that some members' frustration with the idea that we've already tied it to the unemployment rate, they're going to say look, we don't agree kind of along the lines we're worried about where things are headed? i mean it sounds to me like toy are starting to see some real pushback. >> right. it's along two separate lines. there's the normal economic division. you can see that by looking at the fed's economic projections. you can see where how many members are where they are for 2013, nobody really is looking for much more than a 7% unemployment rate. this year, which i guess under that -- if those forecasts end up being correct, the fed would go on and do qe-2 the whole year. how much is a different question. >> they wouldn't taper the purchases toward the end of the year? >> they could taper it, that's one response. the issue becomes, barry, setting expectations. right? you've got to set expectations for how long. and how much. and this balanc
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